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Worldwide Trends Review: The Rapid Evolution of the Distributed Photovoltaic Grid-Connected System Market
Distributed Photovoltaic Grid-Connected System Market
Predicted Size and Growth Trajectory of the Distributed Photovoltaic Grid-Connected System Market
The market for distributed photovoltaic grid-connected systems is expected to experience rapid growth, reaching a value of $145.77 billion by 2030. This represents a compound annual growth rate (CAGR) of 13.9%. Such expansion is fueled by several key factors, including heightened investments in decentralized renewable energy sources, greater use of smart inverter technologies, the broadening of commercial and industrial solar rooftop installations, and increasing integration of energy storage solutions. Additionally, there is a growing emphasis on enhancing grid flexibility and resilience. Important trends shaping the market include the wider deployment of rooftop grid-connected photovoltaic systems, rising adoption of microinverters and smart inverters, greater use of energy management systems, expansion of small-scale commercial photovoltaic projects, and improved focus on grid-compliant protection mechanisms.
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Leading Corporations Driving the Distributed Photovoltaic Grid-Connected System Market
The competitive landscape of this market features several prominent companies, such as Huawei Technologies Co. Ltd., Schneider Electric SE, ABB Ltd., JinkoSolar Holding Co. Ltd., Trina Solar Co. Ltd., LONGi Green Energy Technology Co. Ltd., Delta Electronics Inc., Sungrow Power Supply Co. Ltd., Canadian Solar Inc., First Solar Inc., SolarEdge Technologies Inc., Enphase Energy Inc., SMA Solar Technology AG, Waaree Energies Limited, Hanwha Q CELLS Co. Ltd., Ginlong Technologies Co. Ltd., Fronius International GmbH, Vikram Solar Private Limited, SunPower Corporation, Dongguan Kaideng Energy Technology Co. Ltd., Jiangsu Tianpu New Energy Co. Ltd., Altenergy Power System Inc., Project Drawdown, Xiamen Kesheng Metal Technology Co. Ltd., and Jiangsu Simeier Photoelectric Technology Co. Ltd. These companies are instrumental in advancing distributed photovoltaic solutions and expanding market reach.
Significant Partnerships Enhancing Distributed Photovoltaic Deployment
In March 2025, Germany-based KION Group collaborated with ENVIRIA to roll out a large-scale grid-connected solar system. This partnership aims to generate clean, on-site energy and support a more sustainable, decentralized power supply. ENVIRIA specializes in providing integrated solar energy solutions tailored for commercial and industrial customers, making this initiative a notable step towards greener energy infrastructure.
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Current Trends Reshaping the Distributed Photovoltaic Grid-Connected System Industry
Key players in the market are prioritizing the development of advanced solar technologies, including utility-scale and community-based photovoltaic systems, to boost energy efficiency, cut carbon emissions, and facilitate renewable energy integration. Utility-scale projects typically refer to large solar installations feeding directly into the main grid, while community-based systems provide shared electricity to localized networks. For example, in September 2023, the Asian Development Bank (ADB), headquartered in the Philippines, commissioned a 10 MW grid-connected solar photovoltaic plant in AltAI City, Mongolia. This facility is designed to supply clean electricity to the local grid, optimize energy management, and reduce fossil fuel dependency. It incorporates cutting-edge solar modules and monitoring systems to ensure efficient operation, real-time performance tracking, and long-term sustainability.
Detailed Segmentation and Market Share Analysis of Distributed Photovoltaic Grid-Connected Systems
This market is segmented in several ways for a thorough understanding:
1) Component Type: Solar Panels; Inverters; Mounting Structures; Monitoring and Control Systems; Balance of System (BOS) Components
2) System Type: Rooftop Distributed Photovoltaic Grid-Connected Systems; Ground-Mounted Small Distributed Photovoltaic Systems; Carport and Canopy Distributed Photovoltaic Systems
3) Connectivity: Single-Phase Grid-Connected; Three-Phase Grid-Connected
4) End User: Residential; Commercial; Industrial; Institutional
Subcategories expand further into:
- Solar Panels: Monocrystalline, Polycrystalline, Thin-Film, Bifacial, Concentrated Photovoltaic (CPV) Panels
- Inverters: String, Central, Microinverters, Hybrid, Battery-Based Inverters
- Mounting Structures: Roof-Mounted, Ground-Mounted, Tracking Systems, Floating Solar Mounts, Building-Integrated Photovoltaics (BIPV)
- Monitoring and Control Systems: Energy Management Systems, Remote Monitoring Platforms, Fault Detection and Diagnostics Systems
- BOS Components: Cables and Wiring, Junction Boxes and Combiner Boxes, Transformers, Protection Devices, Energy Storage Units
This segmentation provides comprehensive insight into the market's structure and highlights the areas attracting significant investment and innovation, setting the stage for continued growth and technological advancement.
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